Wednesday, June 12, 2013

Re-opening of the Quebec Investor Program from 1st August 2013

Following the attendance of an important meeting by financial intermediaries with the Quebec Immigration Authorities in Montreal on June 12, 2013, we have learnt that the Quebec Investor Program will re-open from August 1st, 2013. It is reassuring to learn that the investment and net worth amount will remain the same, i.e. $CA800,000 and $CA1.6 million respectively)

However, there are chances of application fee being increased to $CA10,000. We have been advised that the Minister will have the right to limit the number of files from any given country and cease accepting files at any given time. We anticipate that the Quebec immigration department will accept around 2,000 files in total.

Criteria in a Nutshell - Do you qualify as an investor?

You must:

* have a minimum net worth of C$1,600,000
* have 2 years of management experience
* make a mandatory investment of C$800,000 
          * with the option of financing of up to C$620,000
          * of 5 years
          * that is government-guaranteed
          * with 0% interest

Want to know more?​ 

Please read more on our website here:!quebec-investor-program/c1r8r

We understand that the Quebec immigration department is in communication with the Federal Immigration authorities regarding changes to the Program, notably with respect to the investment and net-worth amounts. It seems that both governments are discussing an investment amount of $CA2 million. In order to benefit from the current lower investment requirement and in view of the limited quota available, we recommend prospective clients to start preparing their applications immediately to keep them ready for submission on 1st August 2013.

Amir Ismail and Associates is an Authorized Adviser of the Canadian and Quebec Government approved financial intermediary. In addition, we are also authorized by the government of Canada to represent clients in their immigration matters being members of the Immigration Consultants of Canada Regulatory Council and Canadian Association of Professional Immigration Consultants (CAPIC). Please feel free to visit our website or send us an email at for further information about Quebec Investor Program.